MasTec price target raised to $181 from $171 at Stifel

Stifel raised the firm’s price target on MasTec (MTZ) to $181 from $171 and keeps a Buy rating on the shares. After having recently hosted members of the management team for investor meetings, the firm came away incrementally positive on the margin enhancement opportunities across the business, the analyst tells investors. The firm, which sees a number of opportunities for volume growth, adds that MasTec remains a top idea for 2025.